Time once again for the Consuming Issues news review, with Georgie Frost and Share Radio's Senior Analyst Ed Bowsher. And today, the pound is rallying behind the news that Theresa May will be the next PM, as David Cameron heads to his last PMQs. And on the subject of the pound, travelers exchanging currency at the UK's regional airports are apparently getting less for their pounds than those using London terminals. And bad news for London, as Cambridge is named best place in the UK to work. All this and more, on Consuming Issues, every day from 9am to Midday, right here on Share Radio.
On today's news round-up, financial broadcaster of the year Georgie Frost and Kevin Pratt from Money Supermarket go over the big stories of the week so far. And today everything is on the rise, as rents across the UK went up further in June, British employees face an extra seven years of saving before retirement, car insurance premiums have risen by £115, and long-haul flights from Gatwick rose 24 per cent. The only thing going down this week is the amount people spent on the high street last month. For this and more, this is the Consuming Issues News Review.
In 1966, Barclays sent out over a million credit cards to customers. And so began a revolution in the way we shop and pay for goods. None of the customers had asked for these cards - and it was an entirely new product in the UK. Many of those who received these credit cards were women, and it meant that women could get credit without having to get a man to sign for it or act as a guarantor. Sarah Pennells and her guests discuss how credit cards have changed over the past 50 years and look at current rates and deals available.
Challenger banks were hailed as the answer to the UK's troubled banking industry, forcing competition and making existing providers work harder to keep and win customers. These so-called challenger banks are keen to break into the market, to shake it up in a similar manner to the way we've seen small energy firms take on the 'big six' power companies. One of them is POCKIT, and their CEO and Founder, Virraj Jatania, joined Georgie to explain how they can break into the banks' top four.
Pride is at maximum capacity this week, as the team from This is Money take Financial Website of the Year at the Headline Money Awards, and our very own Georgie Frost picked up Financial Broadcaster of the Year. After a couple of minutes of self-congratulating, It’s time to get back to the real money talk that got us the awards in the first place. Mark Carney has warned that Brexit could have devastating effects on the UK economy, though it’s bad news for under-30s no matter what, as they’ll be the first generation to be worse off than their parents. We’ll also be looking at Challenger Banks, are they really different from the big guys? And finally, Simon indulges his love of American muscle.
This Is Money is presented in partnership with NS&I.
This is Share Daily, a look back at some highlights from Share Radio over the last 24 hours. It's your opportunity to catch up with the best of Share Radio , where we bring you news and views on stocks and shares, talk to successful entrepreneurs and offer advice which could make and saves you money. Today: Good afternoon, I'm Fenella Fudge and this is Share Daily, a look back at some highlights from Share Radio over the last 24 hours. On today's show: Gold prices are soaring, followed closely by silver - we take a look at what's propelling that surge. Meanwhile, consumer confidence is plummeting amid fears of a Brexit, and the Hamburglar strikes again! (Or was it Mum and Dad?)
These days, you can borrow or rent just about anything. Homes, cars, handbags, even pets! But how does it work, and what's important to think about when it comes to the fast growing sharing economy? Sarah Pennells is joined by Alex Stephany, a sharing economy expert, author of The Business of Sharing and Chief Executive of Just Park, Sam Stephens, the founder of Streetbank, and Tim Godwin, the Financial Director of Swishing Online, to help understand more about the sharing economy and to help answer some of your burning questions.
An increasing number of people are choosing to live together, rather than get married or form a civil partnership. But, while it’s becoming more commonplace, the legal status of cohabiting couples remains something of a mystery to most of us. Sarah Pennells is joined in the studio by Mary Marvel of Advicenow and Law for Life, Paula Myers, a lawyer with Irwin Mitchell, and over the phone by Christine Webber, a writer, broadcaster and psychotherapist, to discuss the various different issues moving in with a partner can have, and how best to deal with them.
Sarah Pennells is joined in the studio by our Young Money Champion, Rachael Healy, to talk about pay transparency, and how to know whether you're being paid a fair amount. To help discuss this and share tips, Sarah and Rachael are joined by Charles Cotton, a performance and reward adviser at the Charterd Institute of Personnel and Development, by DeeDee Doke, editor of Recruiter Magazine, and by Robin Williams of rwLaw.
Rachael Healy, Robin Williams, DeeDee Doke, Charles Cotton
Share Senior Analyst Ed Bowsher joins Georgie Frost in the studio to discuss the big money stories of the day. In the spotlight is the steel crisis rumbling on, of course. Other than that, are you comfortable with contactless payments? And good news for millennials, (and 1 billion other users), as instant messaging service WhatsApp unveils plans to encrypt all communication.